Document Management Software Helps Insurance Providers

Want to build your client list as an insurance professional? You’ll need the insurance tools that’ll help you outpace the competition.

One of those tools is insurance document management software.

Like your customers, you deserve peace of mind, financial security, and savings. Merritt eFileCabinet gives insurance professionals all three. If you want to keep all your documents in one place and manage them securely, eFileCabinet is the best insurance document management solution for you, whether you’re a captive agent, independent agent, broker, or broker-agent.

Your customers rely on your services for peace of mind, but on whom do you rely on to guarantee yours—especially when it comes to legal compliance, customer retention, document management and agency growth? As guardian to your clients’ peace of mind, simple cloud storage and CRM just won’t do: The insurance industry demands an insurance document management software solution that facilitates the collaboration, security of information, and accessibility that agents need if they wish to remain competitive.

Data Increases Client Demands, Meet the Challenge with Confidence.

Insurance is one of the most document-management-intensive industries in the world. Physical insurance documents are the modern workforce’s biggest efficiency roadblocks, and for good reason: the mismanagement of documents that comes with paper-dependent processes in the insurance industry can have extraordinarily negative compliance, efficiency, and customer satisfaction consequences. If you work for a paper-dependent insurance agency, spending too much time losing, misfiling, scanning, and searching for the information you could otherwise have at your fingertips with insurance document management software, is inevitable. For these reasons, the decision to go paperless with your document management will dictate whether insurance agencies sink or swim in the next decade. Will you decide to stay afloat?

Increase Sales with SEC Compliant Insurance Document Management Software

As of July 2016, The National Association of Insurance Commissioners (NAIC) reports that delays in claim handling are the number one consumer complaint against insurers, comprising nearly 15 percent of all insurance complaints. To expedite claim handling in the insurance industry, agents, dedicated agents, brokers, and adjusters can use the sophisticated data centralization, collaboration, and file-finding features of insurance document management software. Not only will these proven document management attributes of our offering improve reputation and close more sales for your agency, but they will also serve to retain customers who increasingly demand timely handling and management of insurance claims and impeccable customer service.

Insurance is an industry built on commission, strategic selling, and customer retention, but paper-dependent selling is inefficient selling. The disorganization and clutter that paper documents cause only subtracts from the time insurance agencies could use to service client accounts, close deals, perform sales training, or drive innovation for customers. Why? Because the average filing cabinet contains over 10,000 insurance documents. Why sift through all this information to find one sheet of paper from one document when you can use insurance document management software to retrieve it electronically in several seconds, and with only a few keystrokes?

Ready to Take the Next Step?

This industry journey only scratches the surface of what Merritt eFileCabinet can do. Document management software can do incredible things for your business, not just allowing you to cut out paper, but also giving you the opportunity to streamline your everyday processes so you save more time and money. Features like secure file-sharing, eSignatures, mobile access, and automation tools, make this an all-in-one centerpiece for any business of any size, in any industry.

For more information on how Merritt eFileCabinet works, click here!

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